Venture capital investment in health IT fell to $451.3 million in quarter four, down almost 75 percent from 2021’s quarterly pace, according to a March 2 health IT report from market researcher PitchBook.
The decline in health IT investment is being attributed to hospital and health system finances as many have been reporting financial losses and are focusing on ensuring they have the operating cash to keep business lines open, rather than devoting resources to technology, according to Becker’s.
There were 134 privacy equity deals in health IT in 2022, a 30 percent decline from 2021. Read more.
